#以太坊交易量反超比特币 7.27 Weekend Market Overview: ETH Bullish Divergence and Golden Cross Lead to ETH Surge
The bullish divergence in the early morning and the golden cross in the morning prompted ETH to break through 3756 and stabilize. Currently, momentum is starting to weaken. Continue holding short positions at 3756, add positions around 3824 to lower the average price, and defend at 3857. Start reducing floating profits, with the remaining position around 3675.
The upward structure of ETH remains unchanged, still adopting a strategy of buying on dips; waiting for Ethereum to retest the trend line for buying, defending at 3726, with a target of 3819.
Continuous net inflow into ETH spot ETF, with inflows beginning to surpass BTC; Bitcoin is consolidating, and ETH is starting to surge. Whether the altcoin season will come again depends on whether the SEC confirms a 25 basis point rate cut in September. The current probability is already above 50%. Powell's speech on the morning of the 31st is particularly important.
Friends passing by, please give a follow and a like for the greatest support, grateful thanks! The above information is only for market analysis and not a trading strategy; follow me so you won't get lost. I provide you with the latest information and point analysis every day, as well as the wealth code you want. Remember to give a follow and a like!